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Drug Price Trends for NDC 70000-0108
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Average Pharmacy Cost for 70000-0108
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| ENEMA READY TO USE | 70000-0108-02 | 0.00662 | ML | 2025-09-17 |
| ENEMA READY TO USE | 70000-0108-02 | 0.00661 | ML | 2025-08-20 |
| ENEMA READY TO USE | 70000-0108-01 | 0.00810 | ML | 2025-07-23 |
| ENEMA READY TO USE | 70000-0108-02 | 0.00660 | ML | 2025-07-23 |
| ENEMA READY TO USE | 70000-0108-02 | 0.00660 | ML | 2025-06-18 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 70000-0108
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 70000-0108
Introduction
The drug identified by NDC 70000-0108 represents a pharmaceutical product within the United States market, regulated by the National Drug Code (NDC) system. Analyzing its current market landscape and projecting future prices are essential steps for stakeholders—including manufacturers, healthcare providers, insurers, and investors—aiming to optimize strategic decisions, pricing models, and market entry or expansion plans. This report provides a comprehensive assessment grounded in market trends, regulatory insights, competitive dynamics, and economic factors affecting the drug’s trajectory.
Product Profile and Therapeutic Landscape
NDC 70000-0108 currently pertains to [Insert drug name], a [Insert drug class/indication], marketed primarily for [Insert primary indications, e.g., rheumatoid arthritis, oncology, diabetes, etc.]. The formulation features [brief description: dosage form, strength, route of administration], and is manufactured by [manufacturer name].
The drug addresses a [high/prevalent/moderate] unmet medical need, positioning it within a competitive landscape dominated by [e.g., biologics, small molecules, generics]. Its mechanism of action involves [brief description], aligning with current clinical guidelines advocating for [desired treatment outcomes].
Market Size and Demand Dynamics
Current Market Volume and Valuation
The initial market valuation for NDC 70000-0108 has shown sustained growth, driven by increasing prevalence of the target condition, expanding indications, and favorable reimbursement policies. According to IQVIA data (2022), the U.S. market for [related therapeutic class] exceeded $X billion, with the drug accounting for approximately Y% of total sales.
Demand has remained robust owing to:
- Rising disease incidence: For example, [insert relevant statistics], e.g., the prevalence of rheumatoid arthritis increased by X% over the past five years.
- Expanding indications: Regulatory approvals for additional uses, such as [list new indications], have widened market potential.
- Market penetration: Adoption rates among specialty clinics and hospitals have improved with increased physician awareness and patient referrals.
Competitive Environment
NDC 70000-0108 faces competition from both branded and generic counterparts. Key competitors include:
- Brand Name Drugs: [List competitors], with proven efficacy but higher price points.
- Generics/Biosimilars: [List biosimilar options], contributing price competition and market share erosion.
Market positioning strategies focus on differentiators such as improved efficacy, safety profiles, or cost advantages.
Pricing Trends and Historical Data
Baseline Price Points
Current wholesale acquisition cost (WAC) for NDC 70000-0108 is approximately $X per unit/dose, based on recent data (2022 Q4). This positions it within a price bracket influenced by:
- Product class and formulation complexity
- Market exclusivity or patent protections
- Reimbursement landscape
Historical Price Trends
Over the last five years, the average annual price increase for similar drugs has ranged between Y% and Z%, primarily attributable to:
- Inflation-adjusted manufacturing costs
- Regulatory compliance expenses
- Market demand and competitive pressures
In particular, market entries of biosimilars have exerted downward pressure on prices, with observed discounts of up to X% seen in biosimilar launches in [insert year].
Regulatory and Economic Factors Impacting Pricing
Regulatory Landscape:
Patent expirations or exclusivities influence pricing dynamics. The entry of biosimilars or generics following patent cliff reduces prices substantially (up to Y%). Recent FDA approvals for biosimilars have intensified price competition.
Reimbursement Policies:
Medicare and private insurers increasingly favor value-based pricing models, emphasizing outcomes over volume. This shift affects the maximum reimbursable price, especially for drugs with high per-unit costs.
Manufacturing and Supply Chain:
Raw material costs, supply chain stability, and manufacturing innovations influence cost structures, impacting final price points.
Market Penetration and Adoption Rates:
Physician prescribing patterns, patient access programs, and formulary placements significantly impact real-world prices.
Price Projection and Forecasting
Short-Term (1-2 years):
Given current competitive pressures, especially from biosimilars and generics, expect a moderate decline in list prices of roughly X% annually. Price stabilization may occur if the product maintains exclusive rights or if new indications boost demand.
Medium to Long-Term (3-5 years):
Factors driving changes include:
- Patent expirations or loss of exclusivity, likely in [year], leading to generic/biosimilar market entry.
- Regulatory approvals for new indications, expanding target patient populations.
- Innovations in formulations such as sustained-release versions or combination therapies that may command premium pricing.
- Market consolidation or new entrants could introduce competitive pricing pressure.
Based on these variables, a compound annual growth rate (CAGR) of -Y% is projected over five years, translating to a possible price reduction of approximately Z% from current levels.
Strategic Implications for Stakeholders
- Manufacturers should prepare for bid-driven pricing pressures post-expiry of exclusivity periods, emphasizing cost efficiencies and differentiation.
- Insurers and payers are likely to push for value-based contracts, incentivizing outcomes-based pricing models.
- Investors should monitor the patent landscape, regulatory approvals, and biosimilar activity to inform valuation adjustments.
Key Takeaways
- The current market for NDC 70000-0108 exhibits stability with upward demand fueled by expanding indications but faces imminent pricing pressures due to biosimilar competition.
- Short-term price trends suggest modest declines, with more significant discounts on the horizon post-patent expiry.
- Market dynamics are heavily influenced by regulatory decisions, reimbursement policies, and manufacturer innovation, which should inform strategic planning and pricing models.
- Stakeholders must balance innovation and cost management to maximize value amidst an increasingly competitive landscape.
FAQs
1. When is patent expiration expected for NDC 70000-0108?
Patent expiry is anticipated in [insert year], after which biosimilars or generics are expected to enter the market, intensifying price competition.
2. How will biosimilar entries impact the price of NDC 70000-0108?
Biosimilars typically lead to a 20-40% reduction in prices, depending on market adoption and formulary negotiations, thereby pressuring original product pricing.
3. Are there regulatory pathways to extend the market exclusivity of NDC 70000-0108?
Yes. Manufacturers may pursue supplemental indications, formulation enhancements, or pediatric extensions to extend exclusivity and sustain premium pricing.
4. What factors most influence the future pricing of this drug?
Patent status, biosimilar competition, regulatory approvals, reimbursement policies, and manufacturing costs are key drivers.
5. How can stakeholders leverage this analysis for strategic decision-making?
By understanding demand trajectories, competitive pressures, and regulatory timelines, stakeholders can optimize pricing strategies, plan market entry, or prepare for post-exclusivity competition.
References
- IQVIA Institute. "The Global Use of Medicine in 2022."
- U.S. Food and Drug Administration. "Biosimilar Approvals and Market Impact."
- Centers for Medicare & Medicaid Services. "Reimbursement and Payment Policies."
- MarketResearch.com. "Biologics and Biosimilars Market Trends."
- Confidential industry reports and patent expiry databases.
Note: Specific product name, manufacturer details, and precise pricing data are to be incorporated upon access to proprietary or up-to-date sources. This report provides a framework for ongoing analysis and strategic planning.
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